Foxconn, Dell, Lenovo in List of 32 Companies to Apply for PLI Scheme for IT Hardware Manufacturing: Vaishnaw – News18
IT minister Ashwini Vaishnaw stated the PLI Scheme 2.0 has generated important curiosity. (Image: PTI/File)
The Centre is hopeful of a significant change in India’s IT {hardware} panorama, comparable to what’s being seen within the smartphone sector. Apple Inc is absent from the checklist however the authorities is hopeful of the tech big’s participation within the close to future
The central authorities has acquired 32 functions, together with large names like Foxconn, HP, Dell and Lenovo, for participation within the Production Linked Incentive Scheme 2.0 for IT Hardware, as on August 30. The formidable scheme has generated important curiosity, stated IT minister Ashwini Vaishnaw.
Prominent international firms like Foxconn, HP, Dell, Lenovo, Thompson, Acer and Asus, have submitted their functions for participation within the scheme. These business giants are poised to play a major position in reshaping India’s IT {hardware} panorama and the Centre is hopeful of a significant change comparable to what’s being seen within the smartphone sector.
Notably absent from the checklist of candidates is Apple Inc. But, authorities officers stay optimistic and stated the tech behemoth will be a part of the initiative within the close to future. Apple’s potential involvement may additional enhance the scheme’s transformative potential.
Here’s a listing of candidates for the PLI Scheme 2.0:
- HP India Sales Pvt Ltd
- Dell International Services India Pvt Ltd
- Flextronics Technologies (India) Pvt Ltd
- Competition Team Technology (India) Pvt Ltd
- Foxteq Services India Pvt Ltd
- Rising Stars Hi-Tech Pvt Ltd
- Sojo Manufacturing Services (AP) Pvt Ltd
- VVDN Technologies Pvt Ltd
- Padget Electronics Pvt Ltd
- Syrma SGS Technology Ltd
- Netweb Technologies India Ltd
- Bhagwati Products Ltd
- Sahasra Electronic Solutions Ltd
- Kaynes Electronics Manufacturing Pvt Ltd
- Optiemus Telecommunication Pvt Ltd
- Neolync Telecommunications Pvt Ltd
- ITI Ltd
- Skyquad Electronics and Appliances Pvt Ltd
- Mega Networks Pvt Ltd
- Riot Labz Pvt Ltd
- Plumage Solutions Pvt Ltd
- Smile Electronics Ltd
- INP Technologies Pvt Ltd
- Panache Digilife Ltd
- Laxmi Remote (India) Pvt Ltd
- Sancraft Industries Pvt Ltd
- Ok M Electronic Cables Pvt Ltd
- Velankani Electronics Pvt Ltd
- Goodworth Electronics Pvt Ltd
- Mirc Electronics Ltd
Other key information
This scheme for IT {hardware} covers a various vary of merchandise, together with laptops, tablets, all-in-one PCs, servers and ultra-small form-factor gadgets. It is designed to revive the IT {hardware} sector, for which the federal government has allotted a considerable budgetary outlay of Rs 17,000 crore; this indicators a dedication to bolstering the business as nicely.
It is about to span six years, which is able to assist present a steady and conducive surroundings for firms to make long-term investments and strategic selections. The scheme additionally goals at driving development within the IT {hardware} sector with an anticipated incremental manufacturing worth of Rs 3.35 lakh crore. It can be anticipated to draw an incremental funding of Rs 2,430 crore, creating an estimated 75,000 direct jobs.
Source web site: www.news18.com
